Business

[ad_1] DESPITE last year’s headwinds, the Employee Provident Fund (EPF) may declare a dividend rate that ranges from 4.0% to 5.5% for 2020, according to several economists. Sunway University economics professor Dr. Yeah Kim Leng expects a dividend rate of 5.0% to 5.5%, noting that the fund’s investment income for …

[ad_1] Ministers will have to use private flights and stay away from public engagements before they can escape the 10-day quarantine, says Dr. Noor Hisham Abdullah. PUTRAJAYA: Only ministers who take private flights and do not make public appearances will be able to undergo observation for three days as stipulated …

[ad_1] A general view of the Sime Darby plantation headquarters in Petaling Jaya on October 2, 2019. FGV and Sime Darby are two of the largest palm oil producers in the world and both were banned by Customs and Border Protection (CBP) from the US last year for the alleged …

[ad_1] PETALING JAYA: The current generation of government ministers is not “working” and has little understanding of what the people and the country need, says former Prime Minister Dr. Mahathir Mohamad. In the second part of a special interview with FMT, Mahathir also said that the administration led by Perikatan …

[ad_1] KUALA LUMPUR (Feb 8): Losing XOX Bhd has proposed to buy a 29.43% stake in sportswear retailer Cheetah Holdings Bhd for RM44.62 million in cash. XOX said that the purchase of 33.8 million shares at RM 1.32 per share would represent a 37.03% premium over the five-day volume-weighted average …

[ad_1] The Malaysia Investment Development Authority says Malaysia remains a destination for high-value manufacturing and global services. KUALA LUMPUR: Malaysia remains the investment destination for high-value manufacturing and global services in Asia, the Malaysian Investment Development Authority (Mida) said today. Mida described a recent report by Singapore’s The Straits Times …

[ad_1] PETALING JAYA: There is still time for the government to review the SOPs for the Chinese New Year, says MCA. MCA Spokesperson Mike Chong Yew Chuan (Photo) He said doing so would prove that the Perikatan Nasional government really listens to public opinion and prioritizes rakyat. He said that …

[ad_1] PETALING JAYA: The government will make amendments to the Infectious Disease Prevention and Control Act of 1988 to impose tougher penalties against anyone found to be in violation of standard operating procedure (SOP) to slow the spread of Covid-19. Prime Minister Tan Sri Muhyiddin Yassin said that the Emergency …

[ad_1] Prasarana Malaysia Bhd says it incurred a loss of approximately RM450 million on the Makkah metro project in 2019 (Facebook photo). PETALING JAYA: Prasarana Malaysia Bhd will present a report to the Malaysian Anti-Corruption Commission (MACC) and the Malaysian Companies Commission (SSM) on the Makkah metro railway project in …

[ad_1] PETALING JAYA: The extension of the movement control order, although with a tightening of the current standard operating procedure, will allow all sectors of the economy to reopen, sources say. “All economic sectors will be opened, including retail, as trade associations informed us that the current MCO has affected …